Mitsui O.S.K. Lines,  announced that on January 26, it agreed to participate in cargo transport for the Arctic LNG 2 Project on Russia PAO NOVATEK. The vessel will transport condensate from the LNG/condensate plant inside the Arctic Circle on the Gydan Peninsula, mainly to Europe  via the Northern Sea Route.

MOL has operated three ice-breaking LNG carriers on the Northern Sea Route for the Yamal LNG Project (Note 3) since March 2018. In addition, three ice-breaking LNG carriers for the Arctic LNG 2 Project are scheduled to go into service in 2023.

MOL has earned high regard for its track record it has built on the Northern Sea Route, its technological capabilities and expertise, and accumulated resources, all of which contributed to the conclusion of the contract. It will further enhance its experience and know-how on the Northern Sea Route through its involvement in transporting condensate as well as LNG, as it works to expand the maritime transport of this next-generation, environment-friendly energy resources from the Russian Arctic. It will also ensure stable access to energy produced in the Russian Arctic to supply Japan steadily and promote worldwide decarbonization effort.